The global consumer magazine market is proving resilient, and at a global level, it will even see a modest recovery, rising in value from US$81.9bn in 2012 to reach US$83.3bn in 2017, a CAGR of less than 1%. It has declined over the past few years, but publishers are now responding to changing consumer demands, especially around digital content.
The US may dominate the consumer magazine market with its 30% share of 2013 revenues, but a predicted minus 1.3% CAGR sees the overall size of that market shrinking, through to 2017. The top 10 markets accounted for 77% of total consumer magazine revenues in 2012, but only 3 in that group are growing: China and Brazil—each of them at 6.9% CAGR—and Canada, at 0.2%; the rest are shrinking.
The global consumer magazine market is proving resilient, and at a global level, it will even see a modest recovery, rising in value from US$81.9bn in 2012 to reach US$83.3bn in 2017, a CAGR of less than 1%. It has declined over the past few years, but publishers are now responding to changing consumer demands, especially around digital content.
This segment considers advertising spend in both traditional print and online magazines – either direct through magazine websites or via magazines distributed directly to a mobile device. Magazines published under contract (customer magazines/contract or custom publishing) are included in the print advertising section.
Consumer spending includes the circulation revenues and is split as spending by readers direct from retail outlets or via subscriptions in print and via downloads of individual copies or subscriptions delivered digitally direct to a mobile device.
Licensing of merchandise is not included in this segment, and trade magazines are covered in the business-to-business segment.
Forecasts for advertising and consumer spend in the consumer magazine publishing segment across 50 countries cover (where available):